Crouzet pursues growth with Microprecision acquisition

Its expertise makes it an ideal partner for addressing industrial automation, machinery, building, elevation systems, marine and medical markets.

Through this acquisition, Crouzet expands its product portfolio with a range of sealed snap action switches with minimal differential travel, as well as a range of unique and highly accurate position sensors.

At the same time, it also expands its geographical footprint in Central Europe with a manufacturing facility in Switzerland.

“Microprecision delivers value to its customers through product quality, engineered solutions and flexible services. Both companies' activities are very complementary”, Gerald Grandsire, M&A Director at Crouzet says.

Crouzet customers around the world will now be able to obtain also Microprecision products through their established supply chain, and Microprecision customers will benefit from the resources and the knowhow available within Crouzet.

"Microprecision will benefit from the clout of Crouzet's global sales and marketing network, to deliver further growth. The Microprecision brand, enhanced by Crouzet's industrial strength, will continue to stand for quality, reliability and superior customer service", comments Vito Carrea, Managing Director at Microprecision.

This deal follows Crouzet’s acquisition of Garos early this year, and endorses the company’s strategy to accelerate growth through acquisitions in its target markets focusing on leading-edge companies in the design, production and sale of mechatronic components for demanding applications.